One-hit-one-kill indicator download for MetaTrader 4 | Forex indicator download - MT4/MT5 resources - MetaTrader 5 resources

The One Shot One Kill ICT indicator is an advanced concept ICT style designed to identify low risk entry points in financial markets.

This indicator is consistent with price action analysis and provides information based on trend reversals or continuations .

One shot, one kill specification sheet

Below is the spec sheet for the One Shot One Kill ICT style tool :

Indicator Overview

The One Shoot One Kill tool generates a blue arrow (highest or lowest price level within a specified range based on user settings) CISD line by analyzing price movements and liquidity levels located at the upper and lower limits of the previous few candles. It also incorporates economic news into its calculations.

This indicator reacts to news in two ways:

• During major economic news releases (eg, NFP , Interest Rates , CPI ) or when market liquidity increases.
• Provides entry or trend reversal signals by identifying areas where price moves extremely high or low in response to a news release.

Uptrend Conditions

In the 5-minute time frame chart of the NZD/USD currency pair, the price floor formed at 16:30 (broker time zone) and during the publication of significant news ( Forex Factory Orange News ). Therefore, after CISD line breaks, a blue arrow is displayed.

Additionally, when the trend retraces to the CISD line within 15 candles , the red arrow generates an entry signal.

downtrend conditions

The chart below shows the currency pair USD/CHF on the 5 minute time frame. The MT4 ICT indicator identifies price gaps (indicating an imbalance between buyers and sellers).

Breaking the last price floor and considering major economic news produces a sell signal (indicated by the red arrow ) as the CISD line breaks and the candle returns to this line.

Indicator Settings

The image provided shows the default setting of the One Shot One Kill ICT indicator:

• Color themes for charts and objects : Color themes for charts and objects
• Check-in time HH: MM format : View the time in 24-hour format
• How many days until top or bottom : Specifies the number of days to wait for the highest or lowest point
• Filter Candle Sizes : Filter Candle Sizes
• Time Difference : Display time difference

Conclusion

The One Shot One Kill ICT indicator is an analytical tool that combines the concepts of liquidity, price action , and reaction to economic news. It enables traders to better identify key market levels .